Trade Finance Analyst

Recruiter
Barbara Houghton Associates Ltd
Location
South East London, UK
Salary
Competitive
Posted
09 Jul 2019
Closes
18 Jul 2019
Ref
1197535771
Job Role
Finance Analyst
Contract Type
Permanent
Hours
Full-time
Level of qualification
Newly qualified, Qualified
On behalf of a leading financial group based in London we are currently looking to recruit a Trade Finance Analyst to join their team on a permanent basis. The main purpose of the role is to be responsible for processing Trade Finance transactions in accordance with the departmental procedures and controls, Head Office Rules, regulations, customer contracts/agreements, Industry Standards (ISBP745, ISP98, URR 725, URC 522, UCP600 etc.) and Compliance policy. Also to provide general support to facilitate the implementation of projects as and when necessary. Key

Responsibilities:

• Processing of all life cycle events of letters of credit (import and export - issue, advise amend, acceptance, discount, payment, checking documents)
• Processing of all life cycle events of collections (import/export, clean/documentary, remit, present, acceptance, payment).
• Adhere to governing rules, UCP, URC, HOP, procedures and all relevant controls.
• Develop and improve effective working relationships with all trade stakeholders.
• To support training requirements of team members.
• Ensure processing is effected in a team spirit and avoid silo based attitudes where people should think beyond their immediate work space and consider the wider team's pressure points thereby delivering maximum efficiency.
• Retain and promote a customer first attitude.
• Ensure compliance with all Bank and Regulatory requirements in order to mitigate financial and compliance risks.
• Deliver effective solutions and make suggestions for improvements. Skills and Experience:
• Minimum 3 years' experience in similar role
• Proficient understanding of letters of credit and collections.
• Good work flow and time keeping management.
• Knowledge of compliance obligations relating to trade finance products handled by banks.
• Knowledge of UCP 600, URC 522, ISP98, URR725, ISBP 745, ICC Incoterms 2010
• Proficient in MS Word, Excel, Microsoft Outlook, SWIFT
• Strong problem solving skills
• Strong numerical skills
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail Qualifications
• A level or equivalent
• CDCS is preferred
• Minimum 3 years

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